NPK is collective term utilized for fertilizers containing two or three fertilizer macronutrients that can cover several scores of formulation and distinctly different process types. These fertilizers help to increase the nutrient & water use efficiency and reduce application costs. In addition, their use increases crop quality and yields.

Download Request Sample @: https://www.alliedmarketresearch.com/request-toc-and-sample/3634

Increase in demand for high-efficiency fertilizers, rise in adoption of precision farming, ease of use & application, and enhanced crop protection provided by NPK fertilizers are major factors that drive the market growth. In addition, surge in demand for NPK fertilizers has increased the overall agricultural output to meet the global food requirements, which fuels the market growth. However, problems in supply cycle, fluctuating storage & handling costs, inadequate knowledge among the farmers, and stringent regulatory framework associated with their production & use are some factors that limit market growth. Increase in adoption of NPK fertilizers in emerging economies is anticipated to provide lucrative opportunities for the market growth.

Major Players:
• Acron Group
• Agroliquid
• Compo Expert GmbH
• EuroChem Agro GmbH
• Haifa Chemicals Ltd.
• Helena Chemical Co.
• Helm AG
• Israel Chemical Ltd.
• Shandong Liaocheng Luxi Chemical Sale Co., Ltd.
• Yara International ASA

The report segments the NPK market on the basis of production route, mode of application, crop, and geography. Based on production route, the market is categorized into nitrophosphate, phosphoric acid, granulation of solids, and compaction. According to mode of application, it is classified into soil, foliar, fertigation, and others. By crop, it is divided into cereals & grains, fruits & vegetables, oilseeds & pulses, and others (plantation and cash crops). Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits
• This report provides a quantitative analysis of the current trends and estimations from 2017 to 2023 of the global NPK market to identify the prevailing market opportunities.
• Major countries in each region are mapped according to individual market revenue.
• Comprehensive analysis of factors that drive and restrict the market growth is provided.
• An in-depth analysis of current research & clinical developments within the market is provided with key dynamic factors.
• Key players and their key developments in the recent years are listed.

Access full report@: https://www.alliedmarketresearch.com/NPK-market

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
[email protected]
Web: www.alliedmarketresearch.com